- EFCC and the ABCON have decided to team up to ease pressure on the naira at the unofficial foreign exchange market
- One of the ways the two bodies plan to do this is through regulatory reforms, transparency, and compliance
- Latest data shows the naira at the unofficial market exchange against the dollar at N1,410 per dollar on Thursday, November 25, 2024
The Association of Bureaux De Change Operators of Nigeria (ABCON and the Economic and Financial Crimes Commission (EFCC) have agreed to crash the dollar rate at the black market.
The decision was reached after a meeting at the EFCC headquarters in Abuja, attended by EFCC Chairman Ola Olukayode and the ABCON National Executive Council (NEC) led by its President, Aminu Gwadabe.
